Money flows into “non-AI stocks” too, countering rising interest rates; Nikkei average reaches the ¥70,000 range for the first time in three months

The Nikkei rebounded sharply in the Tokyo stock market on the 5th, reaching the ¥70,000 range for the first time in 3 months. Inflows into content and IT-related stocks, as well as AI and semiconductor-related stocks, pushed up the market.

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The story

In the Tokyo stock market on the 5th, the Nikkei Stock Average rebounded sharply, closing at ¥69,946, up ¥1,637 from the previous day. It rose as high as ¥70,072 during trading.

Inflows into a broad range of sectors, including content and IT in addition to AI and semiconductor-related stocks, supported the market and drove share prices higher across a wide range of stocks.

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At a glance

Trading dateOn the 5th, the Nikkei closed at ¥69,946, with an intraday high of ¥70,072

Market trendsFunds flowed not only into AI and semiconductor-related stocks but also into content and IT

Stock market indicatorThe Nikkei reached the ¥70,000 range for the first time in 3 months

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